Accessibility Menu
 
Arrow-Thin-Down
S&P 500
7,501.24
+0.8%
+56.99
Arrow-Thin-Down
DJI
50,063.46
+0.7%
+370.26
Arrow-Thin-Down
NASDAQ
26,635.22
+0.9%
+232.88
Arrow-Thin-Down
Bitcoin
$81,458.00
+2.5%
+$2,000.34
Arrow-Thin-Down
AAPL
$298.06
-0.3%
-$0.81
Arrow-Thin-Down
AMZN
$267.03
-1.1%
-$3.10
Arrow-Thin-Down
GOOG
$397.17
-0.5%
-$1.87
Arrow-Thin-Down
META
$618.46
+0.3%
+$1.83
Arrow-Thin-Down
MSFT
$409.39
+1.0%
+$4.18
Arrow-Thin-Down
NVDA
$235.75
+4.4%
+$9.92
Arrow-Thin-Down
TSLA
$443.30
-0.4%
-$1.97
Most Active StocksDaily Stock GainersDaily Stock Losers

Biden's SAVE Plan: Here's What All Student Loan Borrowers Need to Know

The newest income-driven repayment plan could save you money and make paying your loans easier.

By Matt Frankel, CFP – Aug 29, 2023 at 6:23AM EST

The latest part of the Biden Administration's student loan relief effort is an income-driven repayment (IDR) plan known as the SAVE Plan. In this video, I'll explain how the SAVE Plan could lower your student loan payments, make loan forgiveness easier, and more.

Read Next

About the Author

Matt Frankel, CFP
Matt Frankel, CFP, is a contributing Motley Fool stock market analyst specializing in the real estate and financial sectors. Prior to The Motley Fool, Matt taught high school and college mathematics. He holds a bachelor’s degree in physics from the University of South Carolina, a master’s degree in mathematics from Nova Southeastern University, and a graduate certificate in financial planning from Florida State University. He won a SABEW award for coverage of the 2017 Tax Cuts and Jobs Act. He is also regularly interviewed by Cheddar, Globe St, The National Desk, and other TV networks and publications for his real estate, financial, stock market, and investing expertise.
TMFMattFrankel
X@MattFrankelCFP

The Motley Fool has a disclosure policy.

Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool. 

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.

View Premium Services